Cape Town’s new electricity tariff for properties valued at more than R1-million

The City of Cape Town is hitting properties valued at more than R1-million with a new R8.21-a-day electricity tariff from July 1. This amounts to an extra R250 a month.

Mayoral committee member for utilities, Xanthea Limberg‚ said households that consumed more than 600 units of electricity a month would not notice a difference in their bills, reported Times Live.

Ratepayers in homes valued at more than R400‚000 will also lose their free basic water supply from July 1.

Limberg said the new “home user tariff” of about R250 a month would apply to “those with properties valued at over R1 million‚ and all customers making use of the old credit meters”.

The new charge was aimed at recovering the cost of maintaining the service‚ previously built into the unit price for electricity. It would ensure that households in lower- and middle-income areas would see a 2.8% tariff increase‚ rather than the 3.34% experienced elsewhere.

| via times live

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